Why Salesforce Stock Slumped on Tuesday

Stock market players were clearly uninterested in pursuing a relationship with customer relationship management (CRM) software king Salesforce (NYSE: CRM) on Tuesday. The veteran company's shares slid by more than 2% that trading session, as they were swept up in a broader rout of long-standing software companies.This general bearishness can't be blamed directly on Salesforce. Rather, it can be tracked to the latest news from software titan International Business Machines. That company issued a preliminary quarterly earnings report Tuesday morning; both it and its shareholders probably now wish it hadn't. Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool